Waterway Company is trying to determine the equivalent units of production for conversion costs with 4500 units of ending work in process inventory at 70% completion and 48000 units that are 100% complete as to materials. There are no beginning units in the department. Materials are added at the beginning of the process, and conversion costs occur evenly throughout the entire production period. What are the equivalent units of production for conversion costs for the current period? 52500 O46650 O49350 51150

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
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Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...
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7. Waterway company is trying to determine…
Waterway Company is trying to determine the equivalent units of production for conversion costs with 4500 units of ending work in
process inventory at 70% completion and 48000 units that are 100% complete as to materials. There are no beginning units in the
department. Materials are added at the beginning of the process, and conversion costs occur evenly throughout the entire production
period. What are the equivalent units of production for conversion costs for the current period?
52500
O 46650
O 49350
51150
Transcribed Image Text:Waterway Company is trying to determine the equivalent units of production for conversion costs with 4500 units of ending work in process inventory at 70% completion and 48000 units that are 100% complete as to materials. There are no beginning units in the department. Materials are added at the beginning of the process, and conversion costs occur evenly throughout the entire production period. What are the equivalent units of production for conversion costs for the current period? 52500 O 46650 O 49350 51150
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